Exchanges

There have been reports claiming that the Nigerian government is contemplating levying fines as high as $10 billion on Binance, a popular cryptocurrency exchange. According to local media outlets, Bayo Onanuga, the special adviser to the Nigerian president, has accused Binance of profiting from facilitating illegal transactions within the African country. Onanuga stated that the
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In a shocking turn of events, Hong Kong-based crypto exchange BitForex has seemingly disappeared without a trace. On Feb 23, users were met with the suspension of the exchange’s website and trading application, leaving them unable to initiate withdrawals or access their accounts. This sudden blackout comes as a surprise to many, especially considering BitForex’s
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Kraken, a prominent cryptocurrency exchange, recently faced legal action from the US Securities and Exchange Commission (SEC). The SEC accused Kraken of operating unlawfully as an unregistered securities exchange, broker-dealer, and clearing agency. The charges came after Kraken’s testimony before congressional committees, where it expressed concerns about the regulatory overreach of the SEC and advocated
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Bitcoin’s price has been a topic of intense discussion among enthusiasts, with all eyes fixed on the $52,000 mark. However, beyond surface-level price movements, there lies a deeper and more intricate web of liquidity dynamics that shape the cryptocurrency market. Leveraging data from Kaiko, CryptoSlate dives into the subtle interplay between buy and sell orders
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